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Zaggle Prepaid Ocean Services Inks Service Agreement With Birlasoft For Employee Expense Management

Written by: Team Angel OneUpdated on: 28 Oct 2025, 8:24 pm IST
Zaggle Prepaid Ocean Services has signed a one-year domestic service agreement with Birlasoft Limited to provide Zaggle Save.
Zaggle Prepaid Ocean Services Inks Service Agreement With Birlasoft For Employee Expense Management
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Zaggle Prepaid Ocean Services Limited (Zaggle) has announced the signing of a service agreement with IT services company Birlasoft Limited, marking a key addition to its corporate client portfolio. The deal underscores Zaggle’s growing footprint in the employee benefits and expense management segment.

Agreement Details

As per the company’s disclosure to the stock exchanges, Zaggle will provide Zaggle Save, its integrated employee expense management and benefits platform, to Birlasoft employees. The 1-year agreement will enable streamlined reimbursement processes and digital benefits management across the Birlasoft workforce.

The contract has been executed with a domestic entity and is classified as a services agreement, with no related-party linkage or promoter interest involved, according to the regulatory filing.

Company Statement

Announcing the agreement, Avinash Ramesh Godkhindi, Managing Director and CEO of Zaggle, stated that the collaboration aligns with Zaggle’s objective of enhancing enterprise efficiency through technology-driven financial solutions.

Read More: Zaggle Prepaid Ocean Services Signs Master Service Agreement with BOBCARD!

Zaggle Prepaid Ocean Services Share Price Performance

As of October 28, 2025, at 1:20 PM, Zaggle Prepaid Ocean Services share price is trading at ₹363 per share, reflecting a decline of 0.43% from the previous closing price.

Conclusion

The partnership with Birlasoft reinforces Zaggle’s position as a leading player in the fintech-driven corporate spend management space, expanding its presence among large IT and service-sector clients.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

Published on: Oct 28, 2025, 2:51 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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